D.R. Horton, Inc. $DHI Shares Acquired by Mountaineer Partners Management LLC

Mountaineer Partners Management LLC lifted its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 133.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,004 shares of the construction company’s stock after purchasing an additional 37,128 shares during the period. D.R. Horton comprises 5.2% of Mountaineer Partners Management LLC’s portfolio, making the stock its 12th largest position. Mountaineer Partners Management LLC’s holdings in D.R. Horton were worth $9,363,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Core Wealth Advisors LLC acquired a new position in shares of D.R. Horton during the fourth quarter worth $25,000. Sound Income Strategies LLC acquired a new position in shares of D.R. Horton during the fourth quarter worth $27,000. Elevated Capital Advisors LLC acquired a new position in shares of D.R. Horton during the fourth quarter worth $27,000. Wilkerson Advisory Group LLC acquired a new position in shares of D.R. Horton during the fourth quarter worth $30,000. Finally, Ameriflex Group Inc. acquired a new position in shares of D.R. Horton during the third quarter worth $31,000. 90.63% of the stock is owned by institutional investors and hedge funds.

D.R. Horton Stock Down 0.1%

DHI stock opened at $154.00 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 6.46 and a quick ratio of 0.97. D.R. Horton, Inc. has a 1-year low of $119.54 and a 1-year high of $184.54. The firm has a fifty day moving average price of $146.90 and a two-hundred day moving average price of $149.92. The firm has a market cap of $43.67 billion, a price-to-earnings ratio of 14.43, a PEG ratio of 2.16 and a beta of 1.38.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, April 21st. The construction company reported $2.24 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.09. D.R. Horton had a net margin of 9.51% and a return on equity of 12.94%. The firm had revenue of $7.56 billion during the quarter, compared to analyst estimates of $7.55 billion. During the same quarter in the previous year, the firm earned $2.58 earnings per share. The firm’s revenue for the quarter was down 2.3% compared to the same quarter last year. Research analysts predict that D.R. Horton, Inc. will post 10.57 EPS for the current year.

D.R. Horton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Thursday, May 7th were paid a dividend of $0.45 per share. The ex-dividend date was Thursday, May 7th. This represents a $1.80 annualized dividend and a yield of 1.2%. D.R. Horton’s payout ratio is presently 16.87%.

Analyst Ratings Changes

A number of analysts recently issued reports on DHI shares. Royal Bank Of Canada lifted their price target on shares of D.R. Horton from $117.00 to $123.00 and gave the stock an “underperform” rating in a research note on Wednesday, April 22nd. Barclays lifted their price target on shares of D.R. Horton from $128.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 22nd. Wells Fargo & Company lifted their price target on shares of D.R. Horton from $147.00 to $170.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 22nd. Seaport Research Partners restated a “neutral” rating on shares of D.R. Horton in a research note on Tuesday, April 7th. Finally, Citigroup lifted their price target on shares of D.R. Horton from $162.00 to $173.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $168.54.

About D.R. Horton

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.